tag:blogger.com,1999:blog-913439.post8305402670180248966..comments2009-11-09T19:26:28.867-08:00Comments on winterspeak.com: An attempted truce between neo-chartalism and mone...winterspeakhttp://www.blogger.com/profile/13611241702356475764noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-913439.post-5927412131258019252009-11-09T19:26:28.867-08:002009-11-09T19:26:28.867-08:00I enjoy the site and the information. Thank you.
...I enjoy the site and the information. Thank you.<br /><br />Random question: Is it Winter's peak OR Winter Speak?Stevehttp://www.blogger.com/profile/00335079368024479060noreply@blogger.comtag:blogger.com,1999:blog-913439.post-59715384628627885422009-11-08T09:43:08.917-08:002009-11-08T09:43:08.917-08:00Hi Winterspeak,
Didn't know you allowed comme...Hi Winterspeak,<br /><br />Didn't know you allowed comments - or maybe you just started allowing them. Btw who is Winterspeak :) ?<br /><br />The starting assumption on WCI itself is inconsistent, so Nick Rowe seems to miss Chartalism altogether. <br /><br />Such an assumption of finacing the deficit by both bonds and issuing currency was made by James Tobin in <em>Money and finance in the macroeconomic process</em> - his Nobel lecture. So it was natural that the arguments go in the monetarist's direction and into inflation.Ramananhttp://www.blogger.com/profile/11123448543333785121noreply@blogger.com